Sanders Capital 13F, Q4 2025
Lewis Sanders · quarter ending 31 December 2025 · filed 13 February 2026 · SEC CIK 1508097
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 44 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| ALPHABET INC | GOOG | $10.01B | 11.5% | -5% shares |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $9.71B | 11.2% | unchanged |
| META PLATFORMS INC | META | $6.63B | 7.6% | +6% shares |
| MICROSOFT CORP | MSFT | $5.88B | 6.8% | unchanged |
| HCA HEALTHCARE INC | HCA | $4.89B | 5.6% | unchanged |
| SEAGATE TECHNOLOGY HLDNGS PL | $4.73B | 5.5% | -2% shares | |
| AMAZON COM INC | AMZN | $3.44B | 4.0% | unchanged |
| APPLE INC | AAPL | $2.97B | 3.4% | unchanged |
| ACCENTURE PLC IRELAND | $2.94B | 3.4% | +14% shares | |
| BANK AMERICA CORP | BAC | $2.49B | 2.9% | unchanged |
| SALESFORCE INC | CRM | $2.28B | 2.6% | new |
| APPLIED MATLS INC | AMAT | $2.27B | 2.6% | -20% shares |
| THE CIGNA GROUP | CI | $2.15B | 2.5% | unchanged |
| DELTA AIR LINES INC DEL | DAL | $2.05B | 2.4% | unchanged |
| ELEVANCE HEALTH INC FORMERLY | ELV | $2.02B | 2.3% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $1.98B | 2.3% | unchanged |
| RTX CORPORATION | RTX | $1.72B | 2.0% | unchanged |
| UNITED AIRLS HLDGS INC | UAL | $1.70B | 2.0% | +3% shares |
| BOOKING HOLDINGS INC | BKNG | $1.59B | 1.8% | +4% shares |
| SPDR S&P 500 ETF TR | SPY | $1.40B | 1.6% | +20% shares |
| JPMORGAN CHASE & CO. | JPM | $1.39B | 1.6% | unchanged |
| ASTRAZENECA PLC | AZNN | $1.30B | 1.5% | unchanged |
| GENERAL DYNAMICS CORP | GD | $1.24B | 1.4% | unchanged |
| VISA INC | V | $1.16B | 1.3% | +7% shares |
| CME GROUP INC | CME | $1.14B | 1.3% | +12% shares |
What changed since Q3 2025
Against the Q3 2025 filing, Sanders Capital opened 2 new positions, added to 9, trimmed 13, left 20 unchanged and exited 5. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-26-000730, filed by Sanders Capital, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.